
Sheila Bair: ….I think Dodd-Frank is something I support but it is a very long and complex law and unfortunately, the regulations we are getting now are also quite lengthy and complex. The CFTC moved forward last week with its definition of swaps — which I’m glad they’re moving forward but the definition was 600 pages long and it’s basically because of all these things in there for lobbyists saying who is not subject to these new rules.
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Filed under Dodd Frank Financial Reform Sheila Bair FDIC Women Power